Ontario Community Newspapers

Oshawa Times (1958-), 21 Jul 1966, p. 18

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18 'THE OSHAWA TIMES, Thursday, July 21, 1966 i + Ge eR a ie BI BS fat A RE ak hah He i Re Es Houdaille STOCK MARKET | TORONTO (CP)--Banking is- two| bridge lost ground, with RE Ee CMe YET Pye ee after reaching a 1966 low of 22% early in the session, In senior base metals, Falcon- ined 1 to 98 and No- Cee NET EARNINGS MONTREAL (CP) ~-- pe ged Iron Foundries Ltd, in light randa % to 54%, Giant Yellowknife led losers terim report Wednesday for the six months ended June 30 showed net earnings of pet 000, or $1.10 a common share, compared with $2,245,000, or 99 cenis @ Common share, tor ine same six-month period of 1965, CANAL CAME RARITY The first Welland Canal was in 1829. reaching 1966 lows, trading on the Toronto Stock | Exchange Wednesday. jin golds, dropping 1 to 12%, Bank of Montreal lost % toa! 1n a oe Jaye, low of 57% while Royal Bank|on volume of 233.075 shares. fell 4% to a low of 72. Toronto- | lost 3 cents to 31% cents. Dominion fell A to 61 and Nova | On index, industrials lost .43 Scotia % to 68 jto 160. * Fogg 2.31 to 182.43, In other sintn. Met action, In-| we we 1} vestors Group lost 1% to 13%, a 1966 low. Stelco lost % to 22%, | Base Shares Up By 18 P.C. BUFFAILA, N.Y. --~ Houdaille Industires, Inc. reported net earnings per common = share, adjusted to reflect the 2-for-1 stock split effective June 17, 1966, amounted to $1,05 for the six months ended June 30, 1966, an increase of 18 percent over the $.89 earned in the similar period last year, according to \Gerald C. Saltarelli, chairman and president. Both figures are computed on the 2,812,826 'shares -correntiy" outstanding afier giving effect to preferred dividends.. Comparative . sales and earnings for 1966 and 1965 include Burgmaster Corpora- tion acquired in 1965 Sales for the current six months totaled $80,208,639, up $2,310,839 and three percent over sales for the same period last year. Earnings after tax amounted to $3,366,684 for the first six months of 1966 as com- pared with $2,906,599 last year and net profit. before tax of $6,164,717 for the 1966 first half compares with $5,453,127 a year ago .* the second quarter this year, net sales totaled $43,667,- 598 compared with $41,966,189 in the comparable quarter a year ago. Net earnings for the quarter were $2,346,870 or §.76 per common share, This com- pares with the 1965 second quarter earnings of $2,056,057 equal to $.66 a share on the | same number of shares. aocae BUSINESS SPOTLIGHT The Face Of Vancouver Due For Big Change Soon By ARTHUR D. BAXTER | MARKET TODAY ie re ee Distributed 15 $292 0% 1% 'Toronto Stock Radney " 420% 20% yer % Quotations in cents unless marked $. 5 ue "Ns 1 Kb adividend, fax. $57% 57% 514 200 $66 lot rights, xw--&x-warrants. Net change is from previous board-lot closing sale. Sales High Low sim, ch am. 1000 14a ee Mb 1 163 2 x10 Sve er 6pr Bell Phne Bow Valy Bow Viy Bramaies Brag Tank BA Constr BA ON BC Suger Burns Fads Developments planned for the| will build a "medium-sized" de- VANCOUVER (CP) -- Van-jcore of the downtown area will | partment store in the project. couver is a narrow funnel|give the city a metropolitan | Project 200 is to he. develoned through which many. of the ex-|touch--undreamed~of--by -eanly|by Grosvener- -Laing Develop- ports and imports of Western4 pl nners, ment Co,-(Canada) Ltd., Mara- Canada flow to and from many| On the drawing boards e@re|thon Realty, Woodward Stores, ie , ; ate gy Bay i: Ltd., and others. It is the headquarters for min- . 50- to' 55-storey provin- ing and oil operations that|cial government building for the hss Be: alll gy stretch far past British Colum-|downtown area phase ofthe project, and a "\bia's borders into the Northwest) 2. A huge federal government| Grosvenor - Laing spokesman Territories building to house 53 government Neville Gibson, says projects in As everything from Saskatche-| branches scattered throughout the development will be farmed jwan potash and Alberta grain|the city, Northern Affairs Minis-| lout, with private firms building to B.C. ore flows into the holds|ter Arthur Laing has said the | heir own office towers in the ,\0f ships in its harbor, the city| building will be higher than the | complex is growing in size, importance|proposed provincial building. C I ta oP 33% (and population, 3, A $275,000,000 development] Cemp Investments of Mont But little of this has shown.|housing up to 14 office towers,/f@@! and Eaton's are working Aside from some large-scale|1,000 apartment units, a 40-|'ogether on blocks 42 and 52, apartment developments, the| storey, 600-room hotel, a depart-|Which are bounded by Gran- © Red Pop 8 $ ville, Robson, Dunsmuir and w 225 pi Cdn Tire A © Util § pr CWN G 4 pr CWN 52 pp 720 Capit Bldg 1000 Chem 175 p 25 $3: Chrysler 150 4" Clairtone 150 Codville A 225 725 10 0 40 40 «4 5 2dVe 24Ve 24a --1Vo 4 100 SS Walker's Special Old Canadian Rye W " um 4 105 100 105 +3 2715 a i 430 7s is ry +5 '4 'vs 13% + by 2s ¢ Mosher Con Negus ¢ Rambler Mo th + MI 100 2h + W4| $10 10% | 45 45 45 = $87% 87% 87% + hl 275 275 «(975 | $20 20% Aide 813% 13% 13% $854 (5% S8-- 4) OTTAWA (CP)--Prairie grain imp Oli 720 $55 5444 SA ow | Crops made good rere Imp. Tob 130 $i4% Ide 14% = Jing the last week and yield Ind A 25 820% 20% 20% be Hh Bre PE i Slr tt prospects remain good, the Do- Ind Wire 1800 360 340 minion Bureau of Statistics said ; Wednesday in the fourth of its Inglis 300 six all-Canada crop reports. Guer Tret 110 ire 4 | Howker § 200 Hawker pr 25 Horne Pit 0 Home 8 100 Husky Oi! 310 Husky C pr 400 Husky DW 150 1 Kenville 2000 17 tron Bay 2s Jaye Exp 7000 33 Jelex " Jonsmith 8% 8 Wh Kerr Add $10% 10% 10% + ve K Anacen 30 230 230 Kid Coper 100" ese. at |physical appearance of the city|ment store and shopping malls, 1 soe : Columbi p 125 ' \ has changed little over the known as Project 200 Howe streets Mn 134 19% 19% + ve Cn Paper 128 $374 374 378 = th) years, 4, A $75,000,000 development! Negotiations continue between Sowich oe ae ise Now things are due to change. |that will include a new Eaton's the firms and the city on the Berrine Coronatn 2400 170-165 «165 = | Seemingly overnight plans|department store and a number |price of the land necessary to D'Eldone Coronin p 1 a8 as at have been announced, some|of skyscrapers complete the two-block area re- Branen | CRUSH tnt 208 S16" 16" 16" |confirmed, that will change the| Project 200, largest and most quired for the project. The city Donalda 6000 * Di * an . a skyline into one of the most im-| expensive of the developments, wants $7,000,000; the companies Bast Sul Dom Store 228 $20. 20 20. pressive in the country and the|will take up to 20 years to com- offered $5,000,000. | ' Domtar 446 $17% 17Va im city into something that will) plete, It will be built on a five-;---- D Textil 2. " rod a a a + Pantin fot eo make pioneers gasp. level deck over the CPR tracks| N47 12 138 --19 | Exquite pr 2m $10 10, Je The plans call for expenditure|at the foot of Cordova Street DIVIDENDS Sal Ve oe oe pa ay ie te be he Z iélof millions in. construction over) Simpson - Sears Limited of Glacier 5000 6 Fittings 100 $15 1 \s {the years ficials have said the company' By THE CANADIAN PRESS Goldray 82 Fieetw'd 100 $30 wer 200 a3 a4 Falconbridge Nickel Mines r Gunner 300 220 bev 75 cents, Aug. 31, record) ee ield Prospects Goo Aue 8 | Huds Bay 220 $78 | Inland Natural Gas Co. Lid., Hydra Bx rio 19 1 " int Bibls T "100 119 0 P; G C ogee ™ cents, Aug. 15, rec ' 4 | n r air ie T ain I Ops Lafarge Cement of North | America Lid., common 8 cents, The need for rain is rapidiy| Sept. 15, record Sept. 1. | becoming critical in most parts| Alcan Aluminium Ltd., com-! Lakehead of Ontario. Only a few scattered| mon 22% cents U.S., Sept. 5, showers have been received in| record Aug. 5; 4%4-per-cent pref the counties of Lennox, Leeds,|43 cents, Oct. 15, record Sept, and Renfrew and in the Coch-| 39, rane district | MelIntyre Porcupine Mines inland Ges = 175 int Nickel 6 Int Ut a Wem ¥ Haying is well advanced with generally heavy yields, the bu- |reau said in its survey based 4 304 om Ve +% int Util pr = 100 Intpr Pipe 896 " intpr Stl pr 275 2 Inv Group 100 $ Ma 13% inv Grp A 835 iH Process and vegetable crops were damaged by thunder- storms in Essex County 'but the rain has been beneficial in Kent Lid., A cents, Sept. 1, record! Aug vaitee Corporations Ltd.,| COTTAGES - LOWEST PRICES NOW! THE "CREE" 561 793 889 500 Matal Min 2400 149 upon reports wired earlier Wed Midrim $0 47 47) Mt Wet $3000 332/324 = IVAK | MultieMi 1000 238 238 «238 Neonex w 500 275 275 Fi +2 13% 13% sada i) class A 5 per cent series | "1959"; Seper-cent pref. series! 1*1963"" 38 cents; class B 10) cents, Aug. 15, record July ma John Ovens 0. PP. OPTOMETRIST 8 BOND ST. £., OSHAWA PHONE 723.4811 $30% a" Pag _ 460 Pg] "aN "m= | 440 oe Jefferson 198 Jockey © 500 Jockey Bp 200 LOnt Cem 300 LO Cem w 1250 Leura Sec 150 Lau Pin 300 Life Invest 200 County, Winter wheat promises) © a record yield and hay has been of good quality with yields ay THE "APACHE" THE "SENECA" "HURON CHALET" 1090 "IROQUOIS" 1382 GET YOUR FREE PLAN! 494 SAVE & SAVE DRY SPRUCE 2x4" - 8s CONSTRUCTION 599% GOOD UTILITY $82 IN LIFT LOTS N Marri 1000 N Hosco 0 310 Newlund We We Whee N_ Senator koe ¥ 7" 67 Nisto 15000 Norbeau THE "MOHAWK" 768 SQ. FT. $1077 CASHWAY Basic Sealed. HOME Econoline Knockdown "REDI-VUE" SASHLESS WINDOWS 2-6x2-6 $11.56 3-0x3-0 $13.97 4013-0 $17.81 5-0x3-0 $20.68 6-0x3-0 $23.66 Heavy Crystal Glass Cloar Redwood Frames 10% --~ n+ "A-1" Grede, 210-fb! 4 Colowret ASPHALT -60 SHINGLES s5 -- F EAA AME LENSER TELNET, Save On Eavestrough Ni Brand jame | ry 8 EACH Quality 10 ft, lengths | ARL LOCKSETS Key-In-Knob NAILS - 60-LB, CARTONS! 21%" $597 " $59 Sproce'6 Pine, 842" $584 4" $6.79 ~ 2x4's AVE 0 it OO a 3 BEDROOMS About 1008 Sq. FP. GAH Materiats To Close Ini. BYRON STREET. T LUXURY SPLIT LEVEL WHITBY -- WHITBY One of those rore borgaine you sometimes heor ebout but rorely. find, Situated on a lovely large wooded landscap- ed lot. Awe "om the noise. smog, & prenogaty 6000 " vu 4 100 $11% 1 9000 67 65 Rayrock 700 135 Rio Algom 635 $27% Rio Alg ¢ w 1000 $15 Rockwin 1000 130 Roman 1325 $164 Ryanor 2000-17 Selom Satellite Snerritt Silvm@ 1%" Interior First Quality MAHOGANY DOORS 1-0x6-6 $3.97 1-6x6-6 $4.54 2.0x6-6 $5.11 2-2x6-6 $5.31 2-4x6-6 $5.52 2-6x6-6 $5.73 Aluminum Combination STORM & SCREEN Charming 6 year hy brick bungolow. 2 stone fireplaces, finished, potential, 2 bedroom apartment to toke core of your poyments. Small down poyment required, M...$. Ne. es. Includes 469 ie) ecreotion mony Call Dor amich if QD e Ses ie | Advertised and Sold In One Week by Doug Carmichael H. KEITH LTD. ae BASEMENT en ft WINDOWS 405 wo 4 is +20 | |v Sections 4600 é ; Sales to 11:00 a.m,: $20,000 | | sine she 'm3 $19-99 540 $10% 10% l0le-- Wy ' 182 «182)=«O«182 7 193 193 «199 | wy 3:77 any 4x4 7a 1M 11% NM 5 inl ait ee a 1. ts io, ANGLO AMERICAN NICKEL MINING CORPORS TION 2 Mil Overhead FLOOR CHAIN LINK FENCE GARAGE (Save om 50-ft. Rolls) PREISSAC TOWNSHIP AREA CLAIMS = QUEBEC Polyethylene sas 1000 125 U Bulfadn Un Crnstk Urban Q Vespar W Beaver West Mine 1900 2000 13 400 560 0 1100 243 Zulepe 1000 22 OILS, GAS 395 oS Verseté 4x0 Versatile 1720 430 425 120 $224 224 224 Walnwr 1000 2270 220 220 Walk GW 1418 $29) 2% Mh Wourne $00 120 120 120 Weste'at 425 $274 27% 27% -- Ve Weston A 125 $18% 18% 18% West Awt 29 975° 975 «975 Woodwd A 200 $247 Ute Ute + Ve Zellers 50 $25 3 by *\nesday by crop correspondents Quebec and in most parts of | rage to above average Life inv wh 100 jthreatening a need for supple: | Norgold 7530 13% 13% 13% 4) Maclarn A 200 ' BONDS gation is general, Dry beans mo 98 Magne 8! 260 475 =D | Northgat 2. 615 as M 10 ; ; Molson A 290 1 bis t sede: Opemake 2400 $10% 104 1090 changed on the day in quiet|ture will be _heed d | soon Moree A 150 n | Preston $ % sel +) oly OR |Canada bonds closed with the| Q Mattgm! Ont Steei 100 % 4 be $i1% 11% |asked lh ot A iio so "| vinelal issues were unchanged $13 iF} quoted at 86 bid and 86% asked Reitman $)0 10 Royal Bink $2 |1988, closed at 99 bid and 99% Shop Save SiMe 14 \4e *\ fly. available at 5 per cent Sister $v ST Radio 0 $23) 23% 2319 + 2) per "cent for. 182-day bills Tor Om 8k $6) 4) +10 | Traders A Rain is needed throughout the Maritimes, in many areas of Past onditions are Ontario slis tom Wi ev epeniam| 1 2 Pa IY Sta The crop picture in Ontario: | P 1000 1 MM } 4 Ht Ls 14 §.) Loeb M 00 + jmentary feeding soon Norlex 149 ae? i Pe Madean H 50 2% -- | Tobacco looks good and irri-| Norpe "on 8 18 MB Ltd 50 26¥a -- Me | Noriical Lt Mills: 100 \% + | TORONTO (CP)--The Cana-|and soybeans and corn still ap Norse A w 1400 70 Mass-Fer = 979 §. s4%4---- \eidian bond market was un-\pear especially good, but mois Opemska 2400 $10% 1084 10% + Ve - ' | Mon Food 125 2 bam - = ot Priess 1000014 14 4 Moore 160 Va a trading Wednesday ine, Point me Neon 120 Short-term Government of | Purdex 11a Wem va] Norends 0 Que Man Nor Cll@p 100 $7 hy ae m|44- ~per-cent April 15, 1967, issue Quemont Ogilvie 250 'o 140+ Wi closing at $99.15 bid and $99.25 Radiore +4 Pac Pete 130 Pembina 300 fit a 4 Long-term Canada and pro- J Prem iron 100 180 25 $4 14% ate with the Government of Canada 1nvs VeotA' 1084 #4-per-cent Sept. 1, 1963, issue 0 470 465 465 R' Nosweit 1 140 16 yo | provincials, the Ontario Hy Rothman 230 $2814 28/4 284 + 4 Gro 6-per-cent issue due July 5 » 72 12 Sayvette 75 $75 975 Shell Can wie 2210 asked atone MS oe ae ae Day-to-day money was read-| Simpson § oN) o] 4 es 17 Ve ta Lae aa Treasury bills were 5.10 per iauinam *4 $18 Ns | ie cent for Oday bills and 5.26 a 3 | Steel Can 1024 $22 22\4 22% meiosis Thom NP 59174 174 14 t Tor tron W 565 $304 90 Towers Tr Can PL Tr Can 10% 10 2% 33 $10 32" x 24" Pip 39s SS | RE | 20 S$l4ve idly 146 Un Carbia $25 4 5 4 au + We 0 22 Exploration programs are being carried isa a Te forward this summer on all of the 200 279 976 276 $00 $30% 30% 8600-88 8 300 220 220 220 -) 000 275 27 1000 226 224 Ye 4+ ig 700 320 315 NS _, LNDUSTRIALS 280 S10% 10% 10% 50 $1) n n Decaita 'J ye BBS $36 | 6 $ 275 $22%4 22% 22% 200 $12 12% voc pr Argus C pr 4 1% 30% 10 | a company's claim groups in northwestern Quebec, where a total of 14 separate properties are held or optioned. Preliminary search work to be conducted this season involves a total budget of approximately $150,000, Seven of the Company's properties are within a few-mile radius of each other in Preissac township, pe 4 oes, ok a "tes a ei bad PREIS SAC a Pe LET WATER SYSTEMS 36-6" $4 xT $43:95 xT $49:75 Hardware Included! TILES 1/16" x9x9" 54" to 96" KITCHEN CABINETS Other Coloers T's Up 36" roll $6:49 42" voll $ A _ aT Cheoace of Coterees eoch Less than 16%e 26" x 96" Square Foot! i J with five of these lying adjacent to the properties of two producing mines. $535-90., Arborite POST FORMED COUNTER TOPS 8' $27.95 10° $34.95 Several Nice Colours! Less Than $3.50 Foot MAHOGANY ENTRANCE DOORS $10.20., "BIFOLD IF YOU ARE THINKING ABOUT LIFE INSURANCE '59° ry Black Plastic WATER PIPE nar 977 DOORS C eine & i ' 1 ol pi as ' ; ; /2 Ft. Roll $ 7.75 . INSULATION BATTS 2" (90 Sq. Ft. Carton) $3: 59%" 3" (60 Sq. Ft. vena Ge | SMALLER LOTS ADD 20c EACH MAHOGANY 82: 96 4x8' PANELS ~ s=% Smaller Lots Add 20c Per Sheet. Top Quali KNOTTY PINE '=<-*" 94°25 PANELLING -- 132.8" °5:67 3-pee. "A" Grade Bi pesutitulty Milled ot 6am we he | ALMINU wee © 5h, Tub. © 17cioy reynolds ¢ Sparkling White! square & Basin. @Reverse Trap TORONTO AREA DISTRIBUTION CENTRES OUT-OF-TOWN CENTRES Toilet i 401 A Exi PETERBOROUGH -- 116 Park- AJAX vena be cous bak Wa? hill. East of The .Otonabee. phone Ajox 942-1221. BARRIE-- Junction Highways Whitby et No 1! d No. 93 BROOKLIN \Xo"*,°f vet ct at Highways No. BELLEVILLE -- 24 Newbury 3313. Street. NORTH BAY ----- Mc~- wey bw agg het eeng: Be 4 a Gaughey at Fisher, NIAGARA MALTON jer ct Molton. Airport gee ete Pgs 2 1 mi, south of Hwy. No, 7. Toronto Cus- keting ei a Hisiwcane 401. tomers Phone 657-4265. Brampton Rhone AloucKanaen, Wisdine, Subkenn 451-3800, and Ottawa, Ontario. nae q7 te Work ander way on a 50 claim group in Ralleaa township has so far established a number of electromagnetic conductors which, in the opinion of the company's consultant, appear to be coincident with previously outlined magnetic conductors. In Preissac township, on Anglo American's 12-claim property adjoining Faleonbridge claims and the producing Marbridge mine property, our consultant reports an anomaly outlined on similar geological contact as exists on Marbridge ground. This is considered @ prime drill target. ANGLO AMERICAN NICKEL MINING Corporation Li 1190 Bay Sr. - Torenfo, Canade Why Not Call TOM FARQUHARSON Assurance Company shares by forwarding certifiartes to the company's of Canede transfer agent: Canada Perm Trost Comp 235 Bay Street, Toronto, Canada. a a RESIDENCE: 668-4371 BUSINESS: 725-4563

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